The euro climbed from an eight-month low on Thursday after German and French business activity beat expectations.» Read More
...China takes baby steps and Vietnam dings its dong—again. Here's your FX Fix.
...and new claims of abuse in the trading world—it's time for your FX Fix.
An interesting take on why Germany central banker Axel Weber appears to have taken himself out of the competition.
Tracking the ups and downs of the euro debate is a little wearying. Policy decisions are postponed, inflation hawks suddenly turn dovish, Germany sends conflicting signals on helping (or not helping) weaker neighbors…you get the picture.
...and jitters are spreading—it's time for your FX Fix.
European shares were set for a mixed open on Wednesday, staying close to 29-month highs, as worries about the effect of China raising rates were offset by some strong corporate data.
Fed Chairman Ben Bernanke appears before the House Budget Committee Wednesday, in what promises to be one of the two most widely watched events of the trading day.
Inflation worries have put some shine back in gold, and the trend could continue in the short term.
Irish banks need another 50 billion euro to clean up their balance sheets, according to Anglo Irish Bank Chairman Alan Duke.
The French financial markets regulator has begun to require hedge funds and other investment managers to disclose their short positions when they reach 0.5 percent of a company’s outstanding stock, reports the New York Times.
European stock index futures pointed to a mixed open for equities on Tuesday, with shares pausing for breath after a rally since the beginning of the month.
Rising interest rates and commodities prices could easily turn from tail winds to head winds for stocks.
The scariest part about not understanding an article about European sovereign debt is this: The realization that people making policy may not understand it either.
A central banker need not be loved, but at the least he should command respect — and in Britain these days Mervyn King cannot count on either, reports the New York Times.
As protests continued for a 12th day, Egypt's newly named vice president and other top military leaders were discussing steps to limit President Mubarak’s decision-making authority and possibly remove him from the presidential palace in Cairo, the NYT reports.
When the heads of the EU meet in Brussels on Friday, they will hear new ideas on how to save the euro, delivered by Mrs. Merkel and the French president, Nicolas Sarkozy, but written largely in Berlin, reports the New York Times.
European shares were set to rise on Friday, tracking gains on Wall Street, as encouraging weekly U.S. jobless data boosted confidence about a recovery in the labor market.
More social and political turmoil is likely in the future so commodities prices will continue rising, renowned investor Jim Rogers, CEO of Rogers Holdings, told CNBC.
European shares were expected to slip in opening trade on Thursday, with a recent rally losing steam as investors stayed cautious.
Like a warning curl of smoke, inflation talk is working its way through financial markets.